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Director Operational Risk Jobs in Southington, CT

The Risk & Compliance Analyst - Retail Lending is responsible for supporting the identification ... This role partners closely with lending, credit, operations, and audit teams to ensure compliance ...

Director of Safety & Risk

Hartford, CT · On-site

$78K - $127K/yr

Plan, direct, oversee and manage the staff and operations of comprehensive safety, workers' compensation, risk management and emergency response programs. * Develop and implement goals and objectives ...

... directors and department leaders to support risk reduction efforts. * Assist clinical chairs and ... Strong understanding of hospital and patient care operations, Public Health Code regulations, Joint ...

... directors and department leaders to support risk reduction efforts. * Assist clinical chairs and ... Strong understanding of hospital and patient care operations, Public Health Code regulations, Joint ...

... directors and department leaders to support risk reduction efforts. * Assist clinical chairs and ... Strong understanding of hospital and patient care operations, Public Health Code regulations, Joint ...

Chief Risk Officer

Hartford, CT · On-site

$150 - $200/hr

The CRO provides oversight of enterprise, fiduciary investment, operational, financial, regulatory ... Manage several direct reports.**Requirements*** 10+ years of experience in enterprise risk ...

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Director Operational Risk information

See Southington, CT salary details

$54.8K

$145.4K

$264K

How much do director operational risk jobs pay per year?

As of Jul 28, 2026, the average yearly pay for director operational risk in Southington, CT is $145,384.00, according to ZipRecruiter salary data. Most workers in this role earn between $107,100.00 and $170,100.00 per year, depending on experience, location, and employer.

What does a Director of Operational Risk do?

A Director of Operational Risk is responsible for identifying, assessing, and mitigating risks that could impact an organization's operations. They develop risk management strategies, implement controls, and ensure compliance with relevant regulations. This role typically involves collaborating with different departments, reporting to senior management, and overseeing risk assessments and audits. The goal is to minimize losses and protect the organization from potential operational failures or external threats.

How does a Director of Operational Risk typically collaborate with other departments to manage enterprise-wide risks?

A Director of Operational Risk works closely with teams across the organization—including compliance, internal audit, IT, and business unit leaders—to identify, assess, and mitigate potential risks. This collaboration often involves organizing risk assessments, sharing best practices, and developing response strategies for incidents. Regular cross-functional meetings and reporting are common, ensuring that risk management is integrated into day-to-day business operations. Effective communication and relationship-building are crucial for success in this role, as the Director must foster a risk-aware culture throughout the company.

What is the difference between Director Operational Risk vs Risk Manager?

AspectDirector Operational RiskRisk Manager
CredentialsTypically requires advanced degrees (e.g., MBA, Risk Management certifications)Often requires similar certifications but may have less emphasis on advanced degrees
Work EnvironmentStrategic, leadership-focused, overseeing risk frameworks across departmentsOperational, focused on identifying and mitigating specific risks within teams
Employer & Industry UsageCommon in banking, finance, insurance, and large corporationsFound across various industries including finance, healthcare, and manufacturing

The main difference is that the Director of Operational Risk typically holds a senior leadership role responsible for setting risk strategies and policies, while the Risk Manager focuses on implementing risk mitigation measures at the operational level. Both roles require relevant certifications and experience, but the Director position involves broader strategic oversight.

What are the key skills and qualifications needed to thrive as a Director of Operational Risk, and why are they important?

A Director of Operational Risk needs deep knowledge of risk management frameworks, regulatory requirements, and operational processes, typically supported by a degree in finance, business, or a related field. Familiarity with risk assessment tools, data analytics platforms, and certifications such as FRM or CRM is highly valued. Strong leadership, analytical thinking, and effective communication are essential soft skills for guiding teams and influencing stakeholders. These competencies are crucial for identifying, assessing, and mitigating risks that could impact organizational objectives and regulatory compliance.
What are the most commonly searched types of Operational Risk jobs in Southington, CT? The most popular types of Operational Risk jobs in Southington, CT are:
What job categories do people searching Director Operational Risk jobs in Southington, CT look for? The top searched job categories for Director Operational Risk jobs in Southington, CT are:
What cities near Southington, CT are hiring for Director Operational Risk jobs? Cities near Southington, CT with the most Director Operational Risk job openings:
Risk, Compliance & Conrols Analyst

Risk, Compliance & Conrols Analyst

Liberty Bank

Middletown, CT • On-site

Full-time

Posted 4 days ago


Job description

At Liberty, we strive to maximize our impact and exceed goals by investing in our teammates to deepen our relationships in the workplace and communities we serve. We take pride in promoting a socially responsible and sustainable future through initiatives and investment.
SUMMARY OF THE JOB:
The Risk & Compliance Analyst - Retail Lending is responsible for supporting the identification, assessment, monitoring, and mitigation of regulatory and operational risks across the retail lending portfolio. This role partners closely with lending, credit, operations, and audit teams to ensure compliance with applicable consumer protection regulations and internal policies throughout the retail lending lifecycle.
The ideal candidate brings strong regulatory knowledge, analytical skills, and experience in consumer lending environments, with the ability to translate regulatory requirements into practical business controls.
ESSENTIAL FUNCTIONS:
  • Strengthen first line of defense capabilities for Retail Lending Fulfillment, ensuring adherence to internal controls, policies, and regulatory requirements
  • Oversee HMDA governance by ensuring accurate data collection, reporting, and ongoing compliance with regulatory requirements through strong controls, monitoring, and issue remediation.
  • Identify emerging risks by managing Key Risk Indicators
  • Monitor and assess operational, compliance, and credit-related risks across underwriting, processing, closing, and post-closing activities
  • Design, document, and maintain key controls, including control testing, issue tracking, and remediation plans
  • Conduct appraisal compliance and risk reviews to ensure adherence to regulatory requirements, internal policies, and valuation standards,
  • identifying deficiencies and driving timely issue remediation
  • Partner with Fulfillment, Compliance, Risk, Legal, and Audit teams to identify gaps and reduce operational risk
  • Support bank-wide initiatives by translating regulatory and policy changes into actionable fulfillment controls
  • Perform quality reviews and trend analysis to identify emerging risks, root causes, and systemic issues
  • Own and maintain risk metrics, dashboards, and reporting for leadership review
  • Coordinate responses to internal audits, regulatory exams, and compliance reviews, including evidence collection and follow-up
  • Ensure consistent process documentation and control alignment as the organization scales and evolves
  • Provide guidance and training to leaders and teammates on risk awareness, control execution, and compliance expectations

Minimum knowledge/skills:
  • Bachelor's degree in finance, Business, Accounting, Economics, Risk Management, or a related field or equivalent work experience.
  • 5+years of experience in risk management, compliance, audit, or lending operations within a banking or financial services environment
  • Experience supporting retail or consumer lending products (e.g., personal loans, credit cards, auto loans, mortgages, HELOCs); in high-volume or growth-oriented consumer lending environments.
  • Hands-on exposure to compliance testing, monitoring, or quality assurance in lending.
  • Exposure to CFPB examination readiness.
  • Strong understanding of consumer lending regulations
  • Experience analyzing loan or risk data and identifying trends
  • Strong attention to detail and documentation skills.
  • Effective written and verbal communication.
  • Ability to explain regulatory concepts to non-technical audiences
  • Strong critical thinking and sound risk judgment.
  • Proven ability to manage multiple priorities in a fast-paced environment.
  • Proficiency in Microsoft Excel (pivot tables, lookups, data analysis).
  • Experience with SQL, BI tools, SAS, or Python is a plus
  • Familiarity with GRC tools (e.g., Archer, ServiceNow GRC, Riskonnect) preferred.
  • Relevant certifications preferred:
    • CRCM
    • CRCMP
    • CAMS (if applicable)
    • Fair Lending or audit-related certifications

PHYSICAL REQUIREMENTS:
  • General Office Equipment
  • Keyboard Dexterity
  • Prolonged Sitting

COMPLIANCE:
Acts affirmatively in all activities under his/her control in conformance with the Bank's Affirmative Action, Equal Employment Opportunity, and Fair Lending Programs to achieve the Bank's goals and objectives. The Bank shall provide equal employment opportunity to all qualified persons, and continue to recruit, hire, train and evaluate persons in all jobs without regard to race, color, religion, sex, national origin, or veteran status.
Liberty Bank is an Equal Opportunity employer. It is the policy of Liberty Bank to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.